SGB Footwear

Arc’teryx Names Denny, Ink. PR Agency of Record

May 12, 2009 SGB Update

Arc'teryx Equipment Inc. has named Denny, ink. as its public relations agency of record. Effective immediately, Denny, ink. will oversee all public relations initiatives in North America for the Vancouver-based company – including media relations, st

Speedo Sees 1% Q1 Revenue Gain

May 12, 2009 SGB Update

Warnaco Group's Swimwear Group, which includes Speedo, reported net revenues decreased 5% in the first quarter to $95.9 million and decreased 1% on a constant currency basis. Group results were adversely affected by currency exchange rates and delaye

Beretta U.S. Corp. Reports Q1 Sales Up 66%

May 12, 2009 SGB Update

On Tuesday, Beretta U.S.A. Corp. announced first quarter results. “We are extremely pleased by our commercial pistol market sales”, said Gary Ramey, Vice President of Sales & Marketing, “First quarter sales are up 66% compared to last year. All of our pis

Sports Supply Sees Fiscal Q3 Profits Rise Despite Sales Dip

May 12, 2009 SGB Update

Sport Supply Group, Inc. reported that sales dipped 3.1% to $63.8 million in the third quarter ended March 31 from $65.8 million in the year-ago period. Gross margin contracted a bit to 35.4% of sales, down 120 basis points from the prior year period. Ea

HEAD N.V. Extends Debt Exchange Offer

May 12, 2009 SGB Update

Head N.V. said its subsidiary, HTM, is extending the early tender date of its previously announced private exchange offer (the “Exchange Offer”), to exchange its outstanding EUR135,000,000 8.5% Senior Notes due 2014 (the “Existing Notes”) for its new 10%

RECALL: Dahon/REI Novara Folding Bicycles

May 12, 2009 SGB Update

About 11,500 Dahon and REI Novara folding bicycles have been recalled because the hinge on the handlepost can crack, posing a fall hazard. There have been 25 reports of the bicycle's handlepost hinge cracking, including one minor injury involving scr

Yamaha Sponsors 2009 National Hunting and Fishing Day

May 11, 2009 SGB Update

Yamaha Motor Corp., U.S.A. announced its support of outdoor sports and conservation by sponsoring the 2009 National Hunting and Fishing (NHF) Day. As part of the partnership, Yamaha has donated an all-new 2009 Grizzly 550 FI ATV with Electric Power Steeri

Iconix Raises Guidance; Acquires Stake in Ed Hardy

May 11, 2009 SGB Update

Thanks to better-than-expected Q1 results driven by the successful roll out of Op, Starter and Danskin Now at Wal-Mart as well cost-cutting efforts, Iconix Brand Group raised its guidance for the full year.
Iconix also acquired a 50% interest in Hardy Wa

Crocs, Inc. Q1 Net Loss Widens on Declining Sales and Gross Margins

May 11, 2009 SGB Update

Crocs, Inc.’s forecast for a “significant loss” in the first quarter-after a grueling fourth quarter in 2008-was dead-on as the company reported first quarter revenue of $134.9 million, down 32.0% from $198.5 million in the year-ago period. The company q